The private equity secondary market has been booming along with returns -- but as valuation pressures mount in the second half of 2022, it's reasonable to ponder whether there will be a pullback by LPs and GPs.
According to Kline Hill Partners’ Jared Barlow, the second half of this year will likely see greater volume in secondary markets than the first half. "Many sellers balk at high optical secondary discounts right now; however, if the market stabilizes and NAVs come down a bit, then there is a large pipeline of deals that are waiting to get done . . .
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